In what can only be described as a paradoxical situation, the U.S. witnessed an unprecedented surge in apartment construction in the past year, with nearly 600,000 new multifamily units completed. While this figure represents the highest annual construction rate since 1974—a striking 34% increase from the year prior—competition for rentals has paradoxically intensified. An upcoming
Business
As the dust continues to settle from the fallout of President Trump’s tariff policies, the indeed stark economic realities are becoming more pronounced. Much of what constitutes the fabric of American homes—ranging from the foundational lumber to the final finishing touches—is imported. This dependency on foreign products has been a double-edged sword. While it has
In a groundbreaking move that highlights her commitment to elevating women’s sports, tennis legend Serena Williams has acquired an ownership stake in the Toronto Tempo, the Women’s National Basketball Association’s (WNBA) first expansion team in Canada. Set to debut in the 2026 season, the Tempo aims to bolster the visibility and support for women’s basketball
The aviation industry has long been synonymous with innovation and luxury, particularly in the realms of first- and business-class travel. As airlines invest in next-generation amenities like heated seats, ultra-high-definition screens, and convertible beds, they aim to enhance the flying experience for affluent travelers. However, these enhancements have not come without challenges. The very essence
American Airlines is setting the stage for a significant shift in the airline industry by embarking on a test of complimentary inflight Wi-Fi on select routes. This initiative comes at a time when increasing customer expectations surrounding connectivity are compelling airlines to reevaluate their inflight service offerings. As major competitors roll out free connectivity, American’s
The nomination of Jonathan McKernan to lead the Consumer Financial Protection Bureau (CFPB) has become a flashpoint in the ongoing debate over consumer rights and financial regulation in the United States. The hearing, marked by a tense exchange between Republican appointees and key Democratic senators, underscored the complexities involved in overseeing an agency designed to
In a bold and controversial move, Jeff Bezos, the founder of Amazon and the current owner of The Washington Post, announced a significant shift in the editorial policy of the newspaper’s opinion pages. This decision, articulated through an email to staff that subsequently circulated on social media, indicates a focused commitment to championing “personal liberties
Eli Lilly, a prominent player in the pharmaceutical arena, is taking significant steps to enhance accessibility for its weight loss medication, Zepbound. This strategic initiative seeks to address the increasing demand for obesity treatments, particularly among individuals without insurance coverage, such as Medicare beneficiaries. By offering heightened dosages in single-dose vials at a drastically reduced
In a recent statement, JPMorgan Chase CEO Jamie Dimon candidly critiqued the inefficiencies within the U.S. government, shedding light on issues exacerbated by the current administration’s drastic staff reductions and strategic dismantlement of federal agencies. During an interview with CNBC’s Leslie Picker, Dimon, while not wanting to label his opinions as strictly supportive or antagonistic
In a notable departure from tradition, the New York Yankees have announced the removal of their longstanding ban on beards, a decision that marks the end of an era. Owner Hal Steinbrenner revealed the policy change in a statement, which emphasized the dialogue he has had with both former and current players over the team’s